This Week's Stock Ideas

Monday, September 16, 2024

Good morning, everyone, and congrats to all who caught our 21% trade-in MSTR! It was a beautiful setup from start to finish.

As mentioned last week, U.S. equity markets bounced right at our support levels and rocketed higher. This is where things get tricky. The strong bullish momentum should continue to carry markets higher BUT and only if, we can break above all time highs, which are just slightly above current levels. Markets failed at this resistance last month and reversed pretty hard. Let’s watch markets closely this week, as the Fed interest rate decision will likely lead to big swings.

Check out this week’s trade ideas.

Last week’s sector performance